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20121208
20121208
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CNNW 12
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CSPAN 7
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KQED (PBS) 4
KQEH (PBS) 4
CNBC 3
FBC 2
KPIX (CBS) 2
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English 65
Search Results 0 to 49 of about 65 (some duplicates have been removed)
PBS
Dec 8, 2012 12:30pm PST
year. >> to avoid the fiscal cliff, we will be cut between the week between christmas and new years. >> we go over the cliff and get a deal right after new years. >> mort? >> the economy is going to be very weak despite the solution on the fiscal cliff. >> ryan is right on the cliff, by the way. i predict the
KRON
Dec 7, 2012 5:00pm PST
on this software mogul, mcafee and new fiscal cliff concerns despite the today's jobs report as the unemployment numbers dropped. those stories and more coming up at 5:34 5:30 (male announcer) live from the kron 4 news station, this is the kron 4 news with eight developing story. >>pam: a number of people killed at a traffic collision grant lodes has an update. >> this happened just south of brentwood in eastern contra costa county, three people have killed. three people have been killed, right along byron highway and clifton court bay look at this. this is why by iryron.. highway is closed. look at the damage to the front end of that saddam and. at byron highway.. barris no estimate on when this stretch will be opened but three people have died. we will continue to follow this developing story. >> the hospital had been supportive of this very difficult time. this was a first-class cars. grandma now at 5-30. this was a first-class nurse a -- >> the phone prank involving the duchess of cambridge has taken a very dark turn. a nurse is dead -- and two australian d-j's have been taken off the air. c
FOX News
Dec 8, 2012 3:00pm PST
and your family. thank you for joining us. and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive interview with democratic senator charles schumer and bob corker on fox news sunday. check your local listings for time. >> all of the talk about sausage makes me want to go out to 6th avenue and grab something from the vendors. >> the guy with the cart. >> i know. >>> coming up the latest job numbers show the unemployment rate dropping to its lowest levels in four years, but the number of people dropping out of the workforce remains high. so what is going on? we will break it down for you. >>- q. i and it has been 40 years since -- >> and it it has been 40 years since americans walked on the moon and now nasa is focused on other missions. a look at the private company that is planning the next moon shot. >> i understand that some believe we should attempt a return to the surface of the moon first. as previously planned. i just have to say pretty bluntly here, we have been there before. buzz has been there. >>> bottom of the hour and let's get you
FOX News
Dec 7, 2012 4:00pm PST
and in perfect news but the truth is consumer confidence and the fiscal cliff talk could say have something to do with all of it. >> no doubt about it new survey out from reuters, michigan in early december we saw consumer sentiment drop to the lowest level that we have seen since august. that suggests, according to analysts that the increased taxes they are expecting from this fiscal crisis is weighing on consumer spending right now. the other side of this though, of course, is vice president biden went to a diner today to talk to some middle class folks and he basically said he has been talking to business leaders to say the converse of this is if there is a fiscal deal business leaders tell him the economy will be unleashed. take a listen. >> the upside is even bigger than the downside. they are ready to move they have well over a trillion dollars out there continue to vest if they think that the economy is going to move. >> and i have been talking to officials in both pears who say that has been the most surprising thing to leaders in washington here in private is that the markets have remain
MSNBC
Dec 8, 2012 4:00am PST
the fiscal cliff. some sharp new words from president obama this morning in his weekly address. >> if we're serious about reducing our deficit, while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one wrins pal i won't compromise on. >> good saturday morning to you, mike. >> hi, alex. >> let's talk about the time line. is there a realistic one in which this can all get done by the beginning of the year? >> i think there is, alex. i think people know the parameters of the year. it's just can they get there, do they have the political will to get there. more importantly, alex, do they have the votes to get there in the house of representatives. you heard the president. he says no compromise on this issue of raising taxes for the wealthy. there's one glimmer of hope, how much to hike taxes. as you know, clinton tax rates for wealthiest americans were 39.6%. that's what's going to happen at the
ABC
Dec 7, 2012 5:30pm PST
. and the new jobs number, the fiscal cliff, all of it will be on the table when george stephanopoulos sits down with a turbocharged powerhouse round table. james carville, mary matalin and nobel prize-winning economist paul krugman, on sunday for "this week." >>> and now, we go overseas to syria, where people are fleeing amid fears that the assad regime will unleash chemical weapons. the region around the capital, damascus, now a battle zone. 2 million syrians now on the run, many of them children. and it is extremely difficult for journalists to enter that country and cover the chaos. but abc's alex marquardt pushed across the border tonight and he is there. alex? >> reporter: we've spent the day among the thousands of refugees living here, and the conditions are miserable. rain has turned the roads to rivers of mud, there's no power or gas for heat, and it's only getting colder by the day. the rain poured as we approached the crossing into syria. the first stop, a rebel checkpoint. tanks and men armed with ak-47s. once past them, a narrow, winding road that led us to white tents in a sea of r
CNN
Dec 8, 2012 3:00am PST
, fiscal cliff talks, legalize medical marijuana. all the news was fodder for late night comedians this week. here are just some of our favorite late night laughs. >> some good news. the u.s. unemployment rate is now the lowest it's been in four years. or as makers of sweatpants put it. >> the unemployment rate has fallen to the lowest level in four years. well, the bad news, most of those jobs involve wearing a red suit, a beard and have a kid pee in your lap. >> house speaker john boehner said his efforts to work with president obama on the fiscal cliff have resulted in a lot of talk, but no action. yeah. a lot of talk, but no action or as they call that in college, date. >> you know what's really popular now, weed. weed. yeah, you can get it in washington legally and you can get it in colorado legally and 60% of americans say they're in favor of legalizing weed and it's, it's too bad that this comes just when twinkies is going out of business. i mean -- >> day two of legalized marijuana in washington state and you think pot smokers are celebrating, you should see ronald mcdonald
PBS
Dec 7, 2012 11:00pm PST
not escaped your attention that the mantra "fiscal cliff, fiscal cliff, fiscal cliff" is played out every night on the evening news and the corporate news. what does that say to you? that you'd get "fiscal cliff, fiscal cliff," but not "job crisis, job crisis, job crisis"? >> it tells me, quite frankly, that many of these people, who by the way did not have much to say about the deficit when we went to war in iraq and afghanistan and didn't pay for it, i didn't hear from any people in the media complaining about that. what it tells me is that behind the corporate drive for deficit reduction is a significant effort to try to cut social security, medicare, and medicaid and other programs that working families need, not so much because of deficit reduction, because this has been the agenda of republicans and right wingers for a very long time. >> so how do you see this fiscal debate playing out in the next couple of weeks? >> we have, those of us who say that deficit reduction is a serious issue, i believe it is. but believe very strongly that at a time when we have the most unequal distribu
FOX News
Dec 8, 2012 1:00pm PST
into physical violence. >> a new wrinkle in the arm wrestling over the looming fiscal cliff. the white house is asking lawmakers to give up their role in authorizing the u.s. government to increase the debt limit. calling it a constitutional issue. he laid out the republican argument. listen. >> we do have some leverage with the debt ceiling increase more than we have right now. right now he has the cards. if nothing happens the debt ceiling goes up automatically. what we are told is the president is thinking about what he might be able to do to raise the debt sealing without going congress which would be a huge mistake. it is a constitutional issue. >> let's bring in our political panel. he is a campaign consultant and she is the director of out reach for freedom works and author of backlash. thank you for joining us. >> i want to start with the debt ceiling. for that i have my minute flea constitution which i love pulling out. article one, the congress shall have power to lay and collect taxes, dutiesett set raw to pay the debt and provide for the common defense and general welfare of the
FOX News
Dec 8, 2012 10:00am PST
or no progress on the so-called fiscal cliff negotiations, as the end of the year approaches, but there are new questions this weekend about what will happen to the u.s. economy if washington fails to come up with the solution. and joining me now, angela mcglowan, a fox news political analyst and doug cornell, a former spokesperson for the democratic congressional campaign committee and a democratic strategist. great to see both of you. >> thank you, good to be with you. >> doug, you first, president obama and his weekly address this weekend says that democrats have some wiggle room on what they're willing to give to get a deal done. what are they willing to give? >> well, first of all, remember that as part of the budget control act the president signed into law about a trillion dollars in cuts and right now the president's priority is to pass a middle class tax cut and benefit 97% of small businesses, and that's the first priority and then, obviously, second part is to deal with the fiscal cliff and he's put entitle and spending cuts on the table and i think really, the issue here is whether
CNN
Dec 8, 2012 5:00am PST
purchase, every day! what's in your wallet? here's your invoice. >>> new job numbers, fiscal cliff talks, legalized marijuana, all the news was fodder for late night comedians this week. >> some good news, some good news. the u.s. unemployment rate is now the lowest it's been in four years. or as makers of sweatpants put it, uh-oh. >>> climate rate has fallen through its lowest level in nearly four years. the bad news, most of those jobs involve wearing a red suit, a beard and having a kid pee in your lap. >> house speaker john bainers says his efforts to work with president obama on the fiscal cliff have resulted in a lot of talk but no action. yeah. a lot of talk but no action, or as they call that in college a date. >> good morning, everyone. i'm randi kaye. victor is off today. it's 9:00 on the east coast. 6:00 a.m. out west. thanks so much for starting your day with us. we start this morning with the supreme court and the decision to hear two major cases on same-sex marriage. justices will hear arguments against the federal government's defense of marriage act and california's propo
CSPAN
Dec 8, 2012 7:00am EST
frieden. thank you. tomorrow, we have to the will perspectives on the latest news on the fiscal cliff negotiation -- two perspectives on the latest fiscal cliff negotiations. negotiations.
PBS
Dec 7, 2012 4:30pm PST
it meets next week. erika miller, "n.b.r.," new york. >> tom: with the fiscal cliff about three weeks away, washington hasn't made much progress to avoid it. that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the e
CSPAN
Dec 8, 2012 3:35pm EST
-called fiscal cliff negotiations with a former congressional budget office director. then a look at the lobbying going on in washington. later, a look at developments in syria and the response from the international community. "washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork for the 2013 and 2014 elections. lives on sunday at 10:00 a.m. eastern. next, a quick look at president obama and the first family last week at the national christmas tree lighting ceremony. ♪ [applause] >> merry christmas, everybody! >> it is great to see you all. happy holidays. happy holidays, mr. president. >> is it time? i think it's time. i hope everybody is ready. we have to do the countdown. starting with five. 5, 4, 3, 2, 1. [cheers] ♪ >> merry christmas, everybody. ♪ >> please welcome the director of washington and st. john's church. >> let us about our heads in prayer. let us prey. gracious god who has blessed us with this good land for our heritage, we h
CNN
Dec 8, 2012 9:00am PST
the country falling off the fiscal cliff. >> let's allow higher rates to go up for the top 2%. by doing that alone we raise almost trz z $2 trillion. >> increasing rates will hit small businesses that produce 60 to 70% of the new jobs in our country. >> most americans agree with the president. a majority say they are okay with raising taxes on people with incomes over a quarter million a year. this poll is one of three surveys out over the past week and a half to indicate the public gives a thumbs-up to raising taxes on high earners. the polls indicate a big partisan divide with democrats and independents supporting such a move and a majority of republicans opposed. the polls also suggest that most people want cuts in government spending as part of a deal to avert the fiscal cliff. not when it comes to entitlements. according to three new surveys a majority say no to raising the eligibility age for medicare. does the public think politicians in washington will hammer out a deal before the end of the year deadline? americans appear divided. a plurality in one poll say yes. a plurality in
FOX News
Dec 8, 2012 7:30am PST
on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get the debt under control. taxes will not control our debt. >> both sides of the issue. i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle over collective bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right to choose whether or not they belong to a union. a clothe
PBS
Dec 7, 2012 8:00pm PST
the fiscal cliff? >> oh, absolutely. gwen: behind the scenes -- tea party pressure, as the movements most prominent senator builds a new platform. >> a lot of my role in the senate has been stopping bad things and saying no to bad things, but we need to do more than that gwen: abroad, tensions in syria on the rise. can the u.s. intervene? should we? covering the week -- jackie calmes of "new york times," eamon javers of cnbc, amy walter of abc news, and james kitfield of "national journal." >> award-winning reporting and analysis covering history as it happens. live from our nations capitol, this is washington week with gwen ifill, produced in association with national journal. corporate funding for washington week is provided by -- ♪ >> wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> we know why we're here. to charlotte a greater path, in the air and in our factories. >> to find cleaner, more efficient ways to power flight. >> and harness our technology for new energy solutions. >> around the globe, the people of boeing are work
FOX Business
Dec 7, 2012 9:00pm EST
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FOX Business
Dec 8, 2012 2:00am EST
should be in trouble with the law. is the season for giving, but don't let washington fiscal cliff talks cloud your judgment for finding the best cherries for your dope. our experts shares ts on what you need to know. we are on the case next on "the willis report". ♪ gerri: big changes coming to tech giant ibm that may change the way you save for john is 42. mortgage. married. two great kids. he wants to protecect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectquote has great savings on term life for women, too. john's wife carrie, can get a $500,000 policy for under $16 a month. selectquote has helped ma term life insurance affordable for hundreds of thousands of people since 1985. how about you? just call this number or visit selectquote dot com.
CBS
Dec 8, 2012 6:30pm EST
in this country, we are just over three weeks away from falling over the so-called fiscal cliff, that combination of tax increases and deep federal spending cuts. nancy cordes reports the back-and-forth showed no sign of letting up today 20 white house and the republicans in congress. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of health care without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spendings cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talkes were stalled. >> well, this isn't a progress report because there's no progress to be report. >> reporter: his democratic counter-part ploals blamed boehner for the stalemate. >> what they offered in return was an empty letter lacking in specifics. >> reporter: such is the state of negotia
CBS
Dec 8, 2012 5:00am PST
story this morning. jobs. the economy and the rocky negotiations to avoid that fiscal cliff. let's start with the good news the slowly improving unemployment numbers. in november the nation added 146,000 jobs and the unemployment rate dipped to 7.7%, the lowest in nearly four years. so what's behind this improvement and what impact could it have on the overall economy and the fiscal cliff talks? we have some answers with the chief investment analyst at charles swhaub. >> were you surprised by these numbers? >> the payroll survey which is where we get the jobs created is generally a large company survey. so it may not pick up where the jobs were lost from the hurricane. the problem too is although the headline was positive the prior couple of months were revised down by a similar amount. i would say the report in general was about a neutral. >> also the fact the one employment rate dropped to 7.4% had a lot to do with fact people gave up looking for work. >> that's the rub. the headline is good. a big part of that reason is that over 300,000 people dropped
MSNBC
Dec 8, 2012 1:00am PST
cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> that's not a no. here is the treasury secretary timothy geithner. >> there's no agreement that doesn't involve the rates going up on the top 2%. >> not necessarily going up to the clinton era rates. just going up. today at a press conference at the capital, bain got a question about this. listen carefully to how he responded or didn't respond. >> you did speak with the president earlier this week. can you characterize this call? and also we understand that he just is making clear that it's got to be increasing rates for the wealthy or no deal. are you willing to give a little bit? maybe just not all the way to 39.6? >> the phone call was pleasant, but just more of the same. the conversations that the staff had yesterday, just more of the same. it's time for the president, if east serious, to come back to us with a counteroffer. >> not a no on the rates going. up thing. john boehner didn't answer
CNN
Dec 8, 2012 4:30am PST
paychecks and one of the things, randi, that is so disappointing. this fiscal cliff didn't come out of no where. we knew it was coming, it was rolling our direction. but one thing frustrating americans is it seemed like the cliff was being ignored or put on hold while the campaign was going on. it was the day after the election. we saw the dow drop 300 points and suddenly everyone woke up and said we have to face this cliff and the question is, can they really address these issues in the next 24 days with the president heading for vacation and congress about to go home? it doesn't feel good. >> no. in terms we're waiting to find out if we're going to go over the cliff, but we're already seeing the effects of it, aren't we? a lot of americans without jobs and just the fear of going over the cliff is affecting it because it's affecting hiring. >> without a doubt. you wonder if it's affecting big business or small business. corporate ceos are simply sitting on their hands. you are seeing u.s. corporations with more money on their balance sheet than they had in years. the fact that they
CSPAN
Dec 8, 2012 10:00am EST
about the fiscal cliff, affordable care act in laying the groundwork for the 2013-2014 elections. >> why a writers institute? >> i think it is something that is very important. we are a culture of words, of voices. words are a key to our imagination, our capacity to imagine things. we are not completely tied to print on the page. there is no other art form so readily accessible other than perhaps soma, which we work with, too. there is something in literature that captures the human. . the >> joint american history television and c-span local content vehicles as we look behind the scenes of a letter lives of new york city. >> next you hear from bradley manning's attorney about his case. he is accused of leaking classified documents to the web site wikileaks. the trial is under way in maryland. he testified earlier on the conditions he has experienced since being detained in iraq. this is half an hour. >> i really appreciate the turn out here, especially the turn of by the press. thank you for that. i have not participated in any public event for today. i also avoid any interviews with th
MSNBC
Dec 8, 2012 9:00am PST
in february. >>> new duelling arguments today in the fiscal cliff war of words. with just 24 days and counting, president obama and senator marco rubio in the republican address are racheting up the rhetoric. >> we can and should do more than just extend middle class tax cuts. and i stand ready to work with republicans or a plan that spurs economic growth, creates jobs and reduces our deficit. a plan that gives both sides some of what they want. >> tax increases will not solve our $16 trillion debt. only economic growth and a reform of entitlement programs will help control the debt. we must reform our complicated, uncertain job-killing tax code by getting rid of unjustifi loo holls. >> molly ball and david nakamura. thanks for joining me. >> good to be here. >> david so house speaker john boehner says there's no progress to report. the white house says republicans are to blame for dragging their feet. it seems at least publicly we're getting nowhere. is there anything bigger churning behind the scenes? >> alex, i wish i had good news for you. there's not much going on. certainly at the staff
CSPAN
Dec 7, 2012 10:30pm EST
the history of new york city, albany. next, a discussion on the impact of the so-called fiscal cliff on unemployment insurance. then a forum on skilled immigrant labor and the american economy. after that, speaker john boehner and representative pelosi on the fiscal cliff negotiations. >> we have had these explosions of knowledge in medicine, but we have not coordinated care and all of the services that we have end up having cracks that they are as harmful as the diseases that we are treating. you need to step back and ask -- are we hurting people overall on a global level? what are we doing sometimes? now we have the institute of medicine report to think. 30% of everything we do may not be necessary in healthcare? 30% of the medications that we describe? the procedures? this is something that is for the first time really being called out as a problem. >> dysfunction in the u.s. healthcare industry. dr. marty makary on his book " unaccountable." on c-span 2. >> it is estimated that it would cost -- [indiscernible] [bells ringing] >> i chose to honor both. the sacrifice of american se
CNN
Dec 8, 2012 4:00am PST
was on the way has taken such an ugly, tragic turn. matthew chance, cnn, london. >>> two o the fiscal cliff now. the end of the bush era tax breaks. so, where are the negotiations in washington? well, they're at a standstill. now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join t
MSNBC
Dec 8, 2012 11:00am PST
. >>> meanwhile, back in washington, with just over three weeks left to make a deal on the fiscal cliff, both sides out with new statents today. and on the surface, they still sound far apart. president obama this morning saying he's going to insist on raising taxes on the wealthiest americans no matter what. >> if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> meanwhile, on the other side of the aisle, republican senator marco rubio gave the weekly republican address today. part of his message? the tax rate should not go up on anyone including the top 2%. >> we must reform our complicated, uncertain, job-killing tax code by getting rid of unjustified loopholes. but our goal should be to generate new revenue by creating new taxpayers, not new taxes. >> joining me, author of "the escape artists: how obama's
FOX News
Dec 7, 2012 7:00pm PST
that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> greta: with us is co-host of the five, greg gutfeld. he has a new book out, the joy of hate. he's been on a road trip having a book tour, so he has been talking to lots of people and they have been talking to him. so we want to know. are americans frustrated by the way government is not working, or, greg, are do they think the government is working. >> i've got to tell you. this was the best week of my life. i've never met so many generous, happy people. these are people that drove hours to come and meet me and they brought me food. they brought me cookies. they brought me unicorn nuggets. one guy brought me moon shine which i don't remember drinking. i do remember it was cold walking on the interstate without my pants, so it was definitely good, but i didn't sense frustration. i mean, for one thing, this is how the south treats me, imagine how they treat each other. these arele are, reall are reald people. family is their mode of government. they don't look for handouts. they han
CBS
Dec 7, 2012 5:30pm PST
to add jobs in november, despite worries about a looming fiscal cliff in washington and the effects of a k perstorm in the northeast. >> thank you very much. or reporter: at chobani, the greek yogurt maker based in new york, c.e.o. hamdi ulukaya has been hiring. how many employees do you have? >> close to 2,000. >> reporter: the turkish-born ulukaya started chobani just four years ago. since then, greek yogurt sales re g exploded. chobani is now nearly a billion- dollar business. >> think we're going to be over 5,000 to 6,000 people by five years. >> reporter: so another 3,000 or ll000. th yeah. >> reporter: nationally job f owth has been steady but slow. so far in 2012 the economy has added an average of 151,000 jobs a month. >> we are creating more jobs but the pace of that hasn't really thanged much in the last two years. >> reporter: this chief investment strategist with the the blackrock says the economy is caught in a circle. >> one reason the job market isn't better is consumers aren't spending and the reason consumers aren't spending is etcause the job market isn't i wier. t
CNBC
Dec 7, 2012 11:00pm EST
this -- i hate to even say it anymore -- fiscal cliff is? today we got an incredible employment report from the labor department. with 146,000 new jobs. i was looking for 90,000. the unemployment rate dropping to 7.7. i thought it might be 8%. and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a particular show can i say i like it? so with that in mind, what's the game plan for next week? first off, perhaps the most important day of the week is monday. but not for any earnings. not for any releases. that's when we process the results of the weekend talk shows, which you now have to watch as if we were instead of watch
CSPAN
Dec 8, 2012 5:00pm EST
about the fiscal cliff and laying the groundwork for the 2013-2014 election. that is at 10:00 a.m. eastern on c-span. >> in president obama's weekly address, he talks about tax policy, the tax cuts put in place by the previous administration that will expire at the end of the year. then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on your lives and the lives of americans all across the country. right now, middle-class tax cuts are set to expire at the end of the year. time is running out. and there are two things that can happen. first, if congress does nothing, every family in america will see their income taxes automatically go up on january 1st.
CNN
Dec 8, 2012 6:30am PST
to reappear. >> immigrants come with new skills and new ideas. they fill a critical gap in our labor market. they work hard for a chance for a better life. >> i'm making a prediction here. after we resolve the fiscal cliff, immigration reform will be the next big legislative push. prepare yourself for the battle to come over comprehensive reform, as they call it. imagine you could reinvent the american immigration
ABC
Dec 8, 2012 8:00am PST
republicans for blocking a bill to resolve the fiscal cliff crisis. congress has not compromised on whether taxes should be raised on wealthy americans to help reduce the deficit. latest version of the plan would prevent a tax hike on the first quarter million dollars of a person's earning. >> the wealthiest americans would get a tax cut on first $250,000 and families everywhere would enjoy peace of mind. senate has done their part. we're waiting for republicans and so far they have put unballoted plan that lowers rates for the wealthy americans. >> marco rubio says it will not reduce the nation's $16 trillion debt. >> officials for the proposed sonoma marin smart train are looking to get federal funding to buy more train cars. smart train is committed to go to cloverdale and larkspur but more rail cars would be needed. they report that money force the cars would come out of the budget for pedestrian and bicycle paths. bicycle advocates say it will take away two-thirds of their funding setting the plan back five years. >> three women who dined at a stockton card room saying the bill they re
FOX
Dec 7, 2012 5:00pm PST
to avoiding the fiscal cliff. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the whitehouse has wasted another week. >> speaker boehner and president obama spoke only once this scombeek boehner called the talk unproductive. boehner did not say e, he did not repeat his demand to keep tax cuts for the wealthy in place. the president insists taxing should go up on the top 2% of income earners. nancy pelosi responded to criticism that democrats are to blame for the stale meat. >> boehner says that democrats are slow walking this had but this is the same leader who had the house in session barely a full day of this week. >> if a deal is not reached by the end of this year, automatic tax increases and spending cuts go into effect. >> transportation officials today called for the use of data recorders to help improve drive driver safet . these would record vehicle speed, air bag deployment and whether seatbelts were buckled. they say installing those recorders would help gather valuable information. the agency would like to them see them in
ABC
Dec 8, 2012 5:00am PST
for blocking a bill to resolve the fiscal cliff crisis. as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. latest senate version would prevent a tax height on the first $250,000 of earning. >> the americans will get a cut on the first $250,000 of their income and families everywhere would enjoy peace of find. the senate has done their part. we are waiting for republicans in the house to do the same thing but so far they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> republican florida senator marco rubio said tax increases will not reduce the nation's $16 trillion debt. >>> officials for the proposed sonoma rail transit project or smart train are looking to get $16.6 million in federal fund to go buy more train cars. today the press democrat reports money otherwise would be used for local pedestrian and bicycle paths. it is committed to go to cloversdale and larkspur but beyond that more rail cars would be needed to carry the load. the request is no
ABC
Dec 8, 2012 6:00am PST
in his weekly address, blaming house republicans for blocking a bill to resolve the fiscal cliff crisis. as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. the latest senate version would prevent a tax height on the first $250,000 of earning. >> the wealthiest americans would get a tax cut on the first $250,000 of their income and families everywhere would enjoy some peace of mind. the senate has done their part. we are waiting for republicans in the house to do the same thing, but so far they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> republican florida senator marco rubio said tax increases will not reduce the nation's $16 trillion debt. >>> officials for the proposed sonoma-marin rail transit project or smart train are looking to get $16.6 million in federal fund to go buy more train cars. today the press democrat reports money otherwise would be used for local pedestrian and bicycle paths. smart train is committed to go to cloversdal
CNN
Dec 8, 2012 3:00pm PST
, health care and housing assistance are being called the fiscal cliff. the only way to i void it is for president obama and congress to make a deal, cutting spending and raising revenue. adding to the sense of urgency. news that 350,000 people simply gave up looking for work in the month of november. and while that drove the unemployment rate down to 7.7%, the fiscal cuts and tax hikes are expected to dramatically slow job creation and increase unemployment possibly plunging the economy back into a recession. let's go to dana joining us from capitol hill. the latest negotiations don't seem to be going anywhere. >> they sure don't. the house speaker ended the week by calling it a wasted week. he only had one phone call with the president of the united states and he said it was just, "more of the same." now counter offer to what the republicans put out during the week which was $800 billion in new tax revenue. so there's certainly a lot of frustration. particularly right now on the side of republicans who understand that democrats have the leverage right now. but on friday, the
FOX
Dec 8, 2012 7:00am PST
as part of a plan to avert the fiscal cliff. >> we must reform the job killing tax code by getting rid of loopholes. our goal should be to create new taxpayers. the gop commented raising taxes won't solve the nation's 16 trillon dollar debt. the potentialal candidate in 2016 he said only economic growth and reformingen titlement programs can control the debt. >> the former florida governor said is he a democrat now. he announced that last night. he posted a photograph where he was holding a voter application. the times reported that he signed papers to change to democrat at a christmas reception at the white house. >> yesterday marked the 71st anniversary of the pearl harbor attacks and many paused to remember that faceful day. in hawaii there was a moment of silence. that surprise attack killed about 2400 people. it was the start of the united states involvement in world war ii. >>> in alameda pearl harbor survivors took part in the ceremony at the coast guard island. the 21 guard salute honored the survivors, they are still fresh for the men who were there. 91-year-old was on the w
CNN
Dec 7, 2012 11:00pm PST
" next, john boehner says the president is slow walking to the edge of the fiscal cliff. but the house speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. "outfront" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot
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